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president obama and governor christie making comments live from new jersey. we'll take a short break and stay with us on "the closing bell." back in a moment. is ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. . >>> that is a live picture of br brigantine, new jersey. we're waiting for live comments from the president and governor. they've toured some of the hardest hit areas of new jersey as a result of hurricane sandy. new jersey one of the hardest hit states in the country, as a result of sandy hitting landfall first in new jersey. so as we await this press conference we will talk more about the cleanup. however, as soon as the president and the governor are ready to make those public statements we will certainly take you back to brigantine, new jersey. >>> as the cleanup continues, the biggest airports in new york are struggling to get back on track. courtney reagan is at laguardia in new york where flights are still not getting out at the moment. court? >> that's right, maria. the port authority are still assessing whether or not laguardia can ope
that stock is -- >> not in my place, either. the rotors spinning there as president obama and governor christie of new jersey get ready to go on about a 45-minute, we believe, helicopter tour of some of the devastation. he is leaving now the atlantic city airport, which is just across the bay, if my geography is correct, from the main city of atlantic city. he will certainly look at the loss there of the boardwalk and the flooding that persisted in that town. and then move up and down the coastline where some of the devastation, as governor christie said yesterday, is just indescribable. so the president and governor christie will do that. then we are told the plane from marine one and take a tour either by foot or car of some of the neighborhoods and towns that have been affected by this super storm. we'll be watching those images and bring them to you throughout this hour. >>> if you'd like to see why we're having problems getting air traffic moving again -- except there -- but he comes first -- look at this video. it just fed in a short while ago -- oh, my goodness! look at that! th
on the jersey shore as president barack obama and new jersey governor chris christie toured hurricane damage in some of the hard-hit areas there. a little bit unexpected today, given that chris christie gave the keynote address at the republican convention against the president last summer. none of that political animosity on display today. both men said that they talked about everything from restoring power to clean drinking and sewage water in the area. >> i discussed all those issues today with the president and i'm pleased to report that he has sprung into action immediately to help get us those things while we were in the car riding together. so i want to thank him for that. he has worked incredibly closely with me since before the storm hit. >> governor christie throughout process has been responsive, he's been aggressive, i think the people of new jersey recognize that he has put his heart and soul into making sure that the people of new jersey bounce back. >> and larry, i asked the folks on the romney campaign what they made of chris christie's political bear hug here of president ba
to help the most? president obama or governor romney. >>> plus, while the new york boroughs like staten island struggle without power after hurricane sandy, the city is getting ready to hold a marathon this weekend. good idea? or wasted use of resources that could be deployed somewhere else. we discuss right after the break. when you take a closer l. ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> a lot to talk about today. time for the power rundown. we could redo that last discussion on a little small topic op inequality. but why not? let's go to the final employment report for tuesday's presidential election. what does it mean for president obama on the one hand, governor romney in the final campaign for votes? michelle, you first. >> well, i have to laugh when people say, oh, the n
or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we know this is one of the hartest hit areas. with you tell us how extensive the damage is? >> all of those popular summertime vacation communities are cut off from society. and there are stand reminders, bits of people's lives ripped to shreds. people here beginning a third day without power. millions of people throughout the state have no power. they are really getting ready to get back to life as normal. many walking around just wanting to get over to the jersey shore, those that have being a straighted, straigh to see what was left. and they can't do it possibly for a couple days because of the safety issue. just yesterday we got to see the streets filled with sand and the homes ripped from the foundat n foundations as emergency crews went door to door to get everyone out. now they're focused on the restoration, making those communities safe so they can begin letting people to get back to their homes to see what
, governor chris christie and president barack obama make common cause in new jersey. so, can't the country do the same? >>> and has the big storm tightened the big race? sandy, the road to recovery, a specia
counties in new jersey. president obama keeping in close touch with new jersey governor chris christy himself touring the damage across the state. in that tour, you can see homes submerged in sand left over after flood waters receded. boats up on bridges and a famous roller coaster in seaside heights now out to sea. three million in the state still without power and atlantic city still under mandatory evacuation. flooding is still evident here and businesses have yet to get back off the ground. we are told by many that they are hopeful to be back in business by thursday. a process that could take months and could stack up to be tho billions of dollars. >> meanwhile mary thompson is in pottsville, pennsylvania. >> this distribution center serves 116 stores in six states. it is being loaded with emergency supplies headed for eastern maryland which was hit by the storm surge as well as the rain. other goods that are needed for the post-recovery process. they will be the last things loaded on the truck so they are the first thing off the truck when it hits that affected area. preparation
on tuesday, president obama met with red cross workers in the washington area yesterday and he plans to fly to new jersey this afternoon to meet with governor chris christie, who is paying him some compliments earlier. he's going to tour the storm damage to the jersey store, specifically atlantic city. and mitt romney will resume campaigning today in florida. for more on this, ben white, wall street correspondent and author of "morning money" will join us in just a short while. stay tuned for that. we'll be right back. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. >>> president obama plans to fly to new jersey this afternoon to meet with governor chris christie and tour the storm damage to the jersey shore, specifically atlantic city. mitt romney is going to resume campaigning in florida. joining me now is ben white. how does this play out into the election next week? the president is going around looking presidential, i suppose. >> yeah, that tends to help a sitting president. and i think t
president barack obama and new jersey republican governor chris christie could produce what could be the biggest public works project in a generation, to meet and entrust that national emergency. remember when president obama was elected, he said he'd put a lot of people to work in shovel-ready job. turned out there weren't that many jobs that were ready in. the wake of sandy, i don't think there are enough shovels ready for up and down the jersey and new york coast. these jobs will be created. this destruction, estimated between $30 billion and $50 billion. i think it's going to exceed that. maybe at least get to the high end. will finally move the employment need until this country. -- in this country. just as did did in the wake of hurricane andrew. now, when we look at industries that have been hardest hit since the great recession, the one that stands out the most is the construction business. construction business is about half of what it was six years ago. the culprit, banks that are afraid to lend, excess of homes, no need for new buildings and roads. the federal governmen
? >> the optimist says okay, if it's mitt romney, he was a republican governor and figured out thousand get it done. if president obama is elected. he's got to worry about his legacy and maybe do some things and say let's not just look at each other with nasty faces. >> who's right? >> that switch, if you go back sir months ago was just the opposite. businesses were doing okay. consume er struggling. 2% real gdp, we just got that at the end of the week on top of 2.4 in 2010. 2.0 last year. first three quarters of this year, averaging 1.7. 2% growth. >> what about the housing market, bob? it feels like it's doing better than the overall economy. feels like it's on the rebound. how important is that and do you believe we are seeing an improvement in housing? >> i think the last part, we are seeing a slow bump in housing. it is part of the reason why the consumer is feeling better. i think housing is key. remember, housing, mortgaging, credit, almost did us in a few years ago and so, that feeling slowly is a good thing. >> let's talk fed for a moment. this week, the federal reserve left interest rates
. the story continues. we're waiting for president obama and governor christie's arrival. that will be an interesting bipartisan moment here in atlantic city. >> that fire hydrant picture is stunning. scott cohn, you're in a part of manhattan that's described as two different cities right now. that couldn't be more true. >> reporter: good morning from wall street. we moved inland from battery park and if you were just dropped here from outer space and just looked around for a second, you might think that this is a regular day at the office. of course it's not. mayor michael bloomberg was here to ring the opening bell for trading. we asked him as he came out of the exchange about the symbolism of that opening bell. >> it's good for the city and good for the country and good for everybody to get back to work. >> reporter: as you can see, the workers are here. many of them got here before dawn to try to get things going. it is not easy to function in your daily life on wall street today. nothing is open. there's no power around here. more to the point, there are a lot of iss
. >> president obama met with new jersey governor chris christie yesterday. the president toured some of the worst hit areas of the jersey shore saying 2,000 fema personnel are on the ground in affected states. at least 76 people have died in the u.s. as a result of sandy, most of them from new york and new jersey. the number of people without power is dropping, though there are still 5.6 million customers that are in the dark and it could be ten days before the hardest hit areas see their power restored. more than 19,000 flights were canceled because of sandy but stranded passengers have something to be thankful for. newark and jfk airports were back in business and delta and american airlines are scheduled to resume a limited number of flights out of laguardia this morning. the airlines are waving change and cancellation fees due to the storm. the mta getting back up and running as well, subways offering limited service today. long island and metro north railroads will begin limited service, they began it yesterday and the mta are also waving all fares on rail, bus and subway rides
and its aftermath. >> we see what's happening in new york city today, president obama met with new jersey governor chris christie yesterday doing a similar tour in new jersey. the president toured some of the worst hit areas of the jersey shore. saying 2,000 fema personnel are on the ground in affected areas. at least 82 people have died in the u.s. as a result of sandy. most of them in new york and new jersey. the number of people without power is dropping, though there are still 4.5 million customers in the dark and it may be ten days before the hardest hit areas see their power restored. >>> meantime, nearly 20,000 flights were canceled because of sandy but stranded airline passengers are finally getting some good news. limited number of flights are taking off from laguardia this afternoon. all three major area airports are now open. airlines are waiving changeance a and cancellation fees due to the storm. >>> dedubtable on insurance claims will be discounted. fema would usually cover only 75%. governor cuomo is asking for full reimbursement. >>> we are still awaiting the possibility o
by both the president and governor christie. i think we saw the very best of president obama, not only leading, but leading with a deep sense of humanity. as a lifelong drremocrat, it wouldn't surprise anyone i'm voting and supporting the president. >> okay. so has it been his leadership over sandy that changed your mind? or were you always in favor of the president? >> no, no. the president always had my vote. what i wanted from the president was an ability to work closely with the republican congress to be able to get things done. i think he has shown significant leadership, the kind of stewardship of the economy in the country and world affairs he deserves to be re-elected. as a lifelong democrat, it doesn't surprise anyone i'm supporting and voting for the president. >> let's talk about hurricane sandy for a minute. can you give us an update out this hurricane has impacted your operation and the supply changes in the area? you look at shops and restaurants in the u.s. a lot of them are closed still. >> well, first off, as a lifelong new yorker and my family is still in new york, i
will take care of itself next week. >> president obama speaking a few moments ago about preparations for hurricane sandy and how it might affect the election. big storm forcing him and governor romney to cut short campaigning for today. what impact will sandy have on the voting and the elections? our chief washington correspondent john harwood joins us. hi, john. >> president obama's campaign hopes it is going to help him for two reasons. one, that he gets to fulfill the role as commander in chief and ahead of the federal government help states that are affected by this, but also because they think they're winning this race in the battlegrounds and that effectively the race is frozen. now governor romney was out in ohio today, campaigning, making some arguments about the auto bailout which has been an issue that's helped president obama in the state of ohio. but the problem for mitt romney and anyone else participating in the campaign right now is all the coverage is drowning out anything that politicians say. we are locked in a very tight race. we had two new polls out this morning,
story this evening, four days before election day. and the race between president obama and mitt romney could not be any tighter. >> four more days! four more days! >> all right. the president today telling his liberal supporters that the mere mention of governor romney to exact revenge. >> no, no, no. don't boo. vote. vote. voting's the best revenge. >>> and thank you, again, vice president joe biden, for yet another gift. >> there's never been a day in the last four years i've been proud to be his vice president. not one single day. not one single day. >>> and we ask a key question tonight. is hurricane sandy so much worse with the loss of life and incredible suffering covering a third of the country? is that going to put voters in an angry, frustrated and ugly place? so much so that it damages president obama's re-electionesre-electio re-electionest. >>> we begin tonight with breaking news. after a friday filled with fury, michael bloomberg gave into the criticism and canceled the ing new york city marathon scheduled for this sunday. let's go live to cnbc's brian shactman with the la
boardwalks, businesses as well as homes. millions still without power. president obama is going to survey the damage today with governor christie, and coming in this morning, i heard -- i was listening to the radio and i heard a bunch of sounds from christie. >> he had gone to the shore yesterday. >> giving people hugs. the boardwalk is gone in a lot of places. we showed some amusement rides. kayla has spent two days in cape may. she's moved north to atlantic city where the damage is also extensive. hey, kayla. >> hey, joe. the president is scheduled to visit atlantic city here alongside governor christie. we'll be taking that live as it occurs. the brunt of the storm was born by the jersey shore. the entire state of new jersey still reeling. two million residents without power. and governor christie calling the damage incalculable. that's the job of officials as they start figuring out how to start repairing the damage that has occurred. some experts around the industry have tried to start putting a number on this. a disaster modelling agency forecast losses between ten and 20 billion do
, is president obama's midwest firewall actually crumbling? the latest rasmussen poll in the critical battleground state of wisconsin shows a dead heat. romney, obama, tied at 49%. so joining me now for an exclusive interview is governor scott walker, republican from wisconsin. governor walker, as always, sir, welcome back to the "kudlow report." we appreciate it. they're tied at 49% which is something of a surprise. the republicans strnts taken the state of wisconsin in a presidential election since 1492. so how does it look, how do you see it right now? >> well, i was out in green bay, wisconsin nearby where the president was today. i've been all over the state the last couple days. momentum is clearly on our side. and you expect that out of somebody advocating for candidates, but i've really seen it. we made 4.5 million voter contacts leading up to the june 5th election. we won by a bigger mar begin than we did in 2010. and that basis of support hasn't let up, that converted over to mitt romney, it got inspired when paul ryan was added to the ticket. but most importantly, the day a
. governor romney. that is all the good news. now, let me give you a negative. one that will cancel out all the positives. if president obama is reelected, the epa may wave a magic wanted and insist that coal is taken out much quicker than expected. that would crush the coal move. the charts indicate that the long bear market and it may be able to rebound. and rebound hard. i say if you believe, this is technical, it is still waiting to see who wins the presidency. i believe if romney does, you have a coal move. if obama wins, this whole thing could be in jeopardy and you will wish you never heard of any of these stocks. "mad money" is back after the break. ♪ ♪ [ male announcer ] its lightweight construction makes it nimble... ♪ its road gripping performance makes it a cadillac. introducing the all-new cadillac xts. available with advanced all-wheel drive. [ engine revving ] it's bringing the future forward. >>> big shake up at apple. the guy who canned google maps is canned. the guy who wrecked throughout the retail stores he is out of here. he got his team in place. sell sell sell a
.5 million people are without power across 18 states. earlier today, president obama declared disaster in new york and new jersey. the president will travel to new jersey tomorrow where he'll join governor chris christie in viewing the storm damage. much of new york and new jersey remains paralyzed with power outages, flooded roads, and debris. governor cuomo said this is the worst storm he's ever seen in new york city. public transportation remains shut down as many subway stations are flooded. mta officials say the damage is the worst they've ever seen in the subway's 108 year history. airports are beginning to open up. jfk will open tomorrow. washington and philadelphia have been partially restored as far as service is concerned today. bill, back to you. >> courtney, thank you very much. so it's all systems go at the new york stock exchange tomorrow. the nyse and nasdaq confirming they will be opened and fully operational come tomorrow. >> on the phone now, sam from s&p capital iq. thanks for joining us. s&p capital iq down the block from the new york stock exchange. what have you been hea
the president said. as we begin to see both candidates, we'll hear from governor romney in a little bit, what they're calling their closing arguments in the last few days of the campaign. >> reporter: that's right, and president obama is making his closing argument wrapping it around the recovery efforts for sandy, the bipartisan cooperation that he demonstrated with chris christie, trying to make the point that this is when america is at its best. now he's got a better than expected jobs report and he can say america's coming back, home values are rising. we had the most private sector hiring in eight months. all those are elements of the president's argument. of course, mitt romney's argument is going to be is this the best we can do? we can do better. he has already been saying that earlier today, saying the president says this is the best it can be. i say it can't stay this way. there you have the two arguments framed as we go to a final weekend with the polls nationally showing a dead heat and in the swing states a slide advantage for president obama. >> obviously it's all happening, the
my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >> it's time for "the lightning round." you'll hear this sound and that means the lightning round is over. stu in virginia. >> caller: boo-yeah from virginia. i'm a fisherman and i want to know what level hue let packaer. >> sometimes you have to send them back. let's go to eva in new york. >> caller: how are you? >> a little wet. let's open everybody is safe. what's up? >> caller: all right. i have a question for you on l gild. >> i'm going to answer that. i don't know if she was cut off.
for being so rude. we want to go quickly to new jersey governor chris christie who has just begun to speak. >>> we in the government will be here to work with you to have new jersey completely recover. i've spoken with president obama several times. the last time was at midnight last night. he assured me that we would have an expedited process with fema, whatever assistance we needed. he moved the extradited process this morning by declaring new jersey a major disaster area. the counties receiving an immediate declaration for individual and public assistance include atlantic, cape may, hudson, essex, middlesex, monmouth, ocean, and union. please know this list is not final. other counties most certainly will be added as we make a damage assessment. the biggest issues we're facing right now, most impacted counties are search and rescue and restoration of power. we want to make sure we're getting to those who chose not to leave evacuated areas or got caught in unexpected floodwaters. our priority right now is to ensure the safety and security of every new jerseyan. our state police and natio
about privatizing fema, block granting fema. if you're a mayor or governor that sounds nuts to you. >> hold on if you read through that endorsement it was not a ringing endorsement. if you looked at "the economist" endorsement of obama. it was not a ringing endorsement. >> it's still an endorsement. >> you can read it partially a guy who was sort of in the middle. >> i'm with becky. it's an endorsement, a 1-0 thing as far as the election is concerned. >> hey, jim, if there is a real outlier in the numbers, let's say the number comes down to 7.5 or something that i think people are not expecting, does the argument that we have last month about the credibility of these numbers come back and what does that do to the campaign? >> again, if you look back at historical situations that are similar, and i think 1992 the bush election with clinton is a good example of this. he got some really good news before the election, and it didn't affect the outcome so i don't think this has an election outcome and i agree with jared on most of it but again i disagree on this whole notion that people
Search Results 0 to 23 of about 24